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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,662
$2,272
Appreciation
Data-driven answers to common investor questions about this market.
6.36%
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Job Growth
-0.02%
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Population
17,723
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The LTR Genie Score of West Columbia, SC is 76 and STR Genie Score is 70, indicating a high rentability for both long-term and short-term rental properties in the area. The LTR Net ROI of 28.66% and STR Net ROI of 34.5% suggest that investors can expect a good return on investment in both rental strategies. The 1-Year Price Appreciation Forecast of 1.9% also indicates potential growth in property values.
The high LTR Genie Score can be attributed to the steady LTR Rentability and positive LTR Net ROI, while the slightly lower STR Genie Score may be due to the lower STR Revenue and occupancy rate. However, the overall scores for both rental strategies are still favorable, making West Columbia, SC a potentially attractive market for real estate investors.
West Columbia, SC is a growing city located in the Midlands region of South Carolina, offering a mix of suburban and urban amenities. With its proximity to the state capital of Columbia and the University of South Carolina, the area attracts a diverse population of renters, making it a promising market for both long-term and short-term rental investments.
In conclusion, West Columbia, SC presents a favorable investment opportunity for both long-term and short-term rental properties. Investors may consider diversifying their portfolio by exploring opportunities in both rental strategies to maximize their returns in this growing market.